Federal Trade Commission Sends $50M of the 2019 University of Phoenix Settlement to Eligible Students

The Federal Trade Commission secured a record $191 million settlement with the for-profit University of Phoenix in 2019 over deceptive marketing claims and announced on Wednesday that it is sending nearly $50 million in refunds to eligible students. The FTC had sued … Continue reading

Boston Scientific Agreed to Pay a $189M Settlement With the U.S. Over Surgical Mesh Devices

NEW YORK (Reuters) -Boston Scientific Corp agreed to pay $188.7 million to settle claims by most U.S. states that it deceptively marketed its surgical mesh devices to consumers. The settlement with 47 states and Washington, D.C. was announced on Tuesday … Continue reading

Networking at the 2021 Trial Lawyers Summit

On May 4 – 7, 2021, The National Trial Lawyers will present the 10th annual Trial Lawyers Summit, hosted at the Loews Miami Beach Hotel in Miami Beach, Florida. This conference is a unique gathering of America’s top civil plaintiff … Continue reading

Coinbase Pays $6.5M to Settle Charges of Reporting Misleading Transactional Data

The US Commodity Futures Trading Commission (CFTC) said on Friday digital asset exchange Coinbase Inc paid $6.5 million to settle charges it reported misleading transaction data that potentially inflated the apparent trading volume on its professional GDAX platform. The regulator … Continue reading

Maryland Lawmakers Approve a $577M Settlement to the State’s Four Historically Black Colleges

ANNAPOLIS, Md. — Maryland lawmakers approved a $577 million funding bill that would grant money to the state’s four Historically Black Colleges and Universities (HBCU) following a nearly 15-year lawsuit declaring unfair funding and discrimination to these institutions. The Maryland … Continue reading

Minnesota Settles Lawsuit Against Two Major Tobacco Companies For $81M

The state of Minnesota has settled its lawsuit against two major tobacco companies for an agreed-upon sum of $81 million. Minnesota Attorney General Keith Ellison’s Office announced the settlement with R.J. Reynolds Tobacco Company and ITG Brands on Thursday. “Two … Continue reading

The Top 10 Different Types of Lawyers You Might Need

Throughout one’s life from buying their first house, to planning for retirement and everything in-between, they will likely interact with quite a few different categories of lawyers. 10 key categories of attorneys can encompass almost all of the types of … Continue reading

New York Attorney General’s Office Reaches $18.5M Settlement with Bitfinex and Tether

In late February, the New York Attorney General’s office (“NYAG”) settled with Bitfinex and Tether stemming from charges relating to financial mismanagement.  The NYAG alleged that Bitfinex and Tether attempted to cover up the loss of approximately $850 million in customer funds.  … Continue reading

Minneapolis Reaches a $27M Settlement With the Family of George Floyd

MINNEAPOLIS: The Minnesota city of Minneapolis reached a $27 million “wrongful death” settlement on Friday with the family of George Floyd, the black man who died while being arrested by a white police officer, sparking mass protests for racial justice … Continue reading

The Sackler Family is Contributing $4.3B to Settle 3,000 Opioid Lawsuits Against Purdue Pharma

NEW YORK, March 11 (Reuters) – Members of the Sackler family who own Purdue Pharma LP have offered roughly $4.3 billion to resolve sprawling opioid litigation, up from $3 billion initially proposed in settlement discussions underway in the OxyContin maker’s … Continue reading